Overview
What is National Veterans Memorial And Museum Foundation?
The National Veterans Memorial and Museum Foundation is a nonprofit organization situated in Columbus, Ohio, specifically at 300 W Broad St. Their primary purpose is to honor and positively impact the lives of veterans, their families, and communities. They achieve this by sharing the veteran experience through museum operations. Their mission extends beyond this, aiming to connect civilians with veterans, inspire visitors to serve their communities and nation, and educate schoolchildren about the history and value of service. The foundation's activities are centered around acknowledging the contributions of Americans to the country through military service.
Official website here: www.nationalvmm.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The National Veterans Memorial and Museum Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a commendable overall performance. With an Accountability & Finance score of 87 and a high Culture & Community score of 97, the organization demonstrates a robust commitment to financial responsibility and community engagement. Their strong program expense ratio of 97.40% indicates that a significant portion of their funding is directed toward their mission-related programs.
Strengths of the organization include a fully independent board, with 95% of its members being independent, which enhances governance and oversight. They exhibit strong financial practices, achieving high scores in transparency and policies regarding conflict of interest and whistleblower protections. The foundation also scores high in feedback collection and usage, showcasing their commitment to adapting based on community input.
However, while the financial metrics are generally positive, there is always room for improvement in their liabilities to assets ratio, currently at 21.11%. This suggests a need for ongoing attention to financial health. Overall, the National Veterans Memorial and Museum Foundation appears to be a well-managed organization with strong community support and sound financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is National Veterans Memorial And Museum Foundation legitimate?
National Veterans Memorial And Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Veterans Memorial And Museum Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nationalvmm.org/
What is the mission statement of National Veterans Memorial And Museum Foundation?
The National Veterans Memorial and Museum Foundation's mission is centered around honoring the contributions of American veterans through their military service. The organization aims to bridge the gap between veterans and civilians, allowing civilians to connect with the veterans' experiences. It inspires visitors to become actively engaged citizens by serving their communities and nation. Additionally, the foundation is committed to educating school children about the history and value of service. The foundation also supports related organizations in their museum operations.
Official website here: www.nationalvmm.org/
Who is the CEO of National Veterans Memorial And Museum Foundation?
Lt Gen Michael Ferriter is the Ceo Of Nvmm of National Veterans Memorial And Museum Foundation. The CEO's salary of National Veterans Memorial And Museum Foundation is $0 and their total compensation is $578,929.
Official website here: www.nationalvmm.org/
What is the revenue of National Veterans Memorial And Museum Foundation?
National Veterans Memorial And Museum Foundation's revenue in 2022 was $2,752,811.
Official website here: www.nationalvmm.org/
Who are the executives of National Veterans Memorial And Museum Foundation and what are their salaries?
There 23 volunteers at National Veterans Memorial And Museum Foundation.
Here are 25 key members and their salaries (National Veterans Memorial And Museum Foundation's CEO's salary is $0 and their total compensation is $578,929):
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- Related: $521,994
- Other: $56,935
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- Related: $610,366
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Official website here: www.nationalvmm.org/
Where can I find the form 990 for National Veterans Memorial And Museum Foundation?
National Veterans Memorial And Museum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nationalvmm.org/
Learn more at the official website: www.nationalvmm.org/
Mission Statement of National Veterans Memorial And Museum Foundation
The National Veterans Memorial and Museum Foundation's mission is centered around honoring and making a positive impact on the lives of veterans, their families, and communities. This is achieved by sharing the veteran experience. The organization aims to recognize the significant contributions made by Americans through military service. It strives to bridge the gap between civilians and veterans, allowing civilians to gain a deeper understanding of the veteran experience. The Foundation inspires visitors to engage with their communities and nation as active and engaged citizens. Furthermore, it aims to educate school children about the history and value of service. By doing so, the National Veterans Memorial and Museum Foundation seeks to pay tribute to the selflessness and dedication demonstrated by those who have served their country.
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Impact
July, 2024
The National Veterans Memorial And Museum Foundation's impact is to honor and positively impact the lives of veterans, their families, and our communities through sharing the veteran experience. They aim to connect civilians with veterans, inspire visitors to serve their communities and nation, and educate school children about the history and value of service. Their mission is to honor American's contributions to our country through military service while promoting active citizenship and community engagement.
This information is meant to be a general summary of National Veterans Memorial And Museum Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,752,811
Assets and Liabilities:
- Total Assets: $395,626
- Total Liabilities: $83,545
- Net Assets: $312,081
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Organization Details
Founding Year
2017
Phone
(614) 427-1071Principal Officer
Lt Gen Michael Ferriter
Main Address
300 W BROAD ST, COLUMBUS, OH, 43215
Website
www.nationalvmm.org/NTEE Category
Code: A50 - Arts
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